Financial Management

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30
May
2023

Financial Management

What is Money?

Money is a tool
Money is a means of exchange

Money is a stored up energy
• Labour
• Skills
• Time
• Knowledge 

Is Money Important?
• There is a saying, “Money makes the world go round.”
• Society focuses its attention around money—how to get more, how to invest it,
and how to spend it.
• We spend most of our lives earning and spending it
• Money plays a crucial role in our lives and in the church
• Money is equated with success and power, with recognition and position, with
accomplishment and importance.
• Money is important, but has limitations.
Norwegian poet Arne Garborg said that “With money you can buy food, but not
appetite; medicine, but not health; soft beds, but not sleep; knowledge, but not
wisdom; glitter, but not beauty; splendor, but not warmth; fun, but not joy;
acquaintances, but not friends; servants, but not faithfulness.

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